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U.S. stock market movement｜Arcadium Lithium rose over 3.8% as the company's shareholders approved Rio Tinto's acquisition proposal.

Lithium producer Arcadium Lithium (ALTM.US) rose over 3.8%, trading at $5.16. In news, Arcadium Lithium announced on Monday that its Shareholders have approved the sale of the company to Australian mining giant Rio Tinto for $6.7 billion. The Trade is expected to be completed by mid-2025, which will elevate Rio Tinto to the position of the third largest Lithium producer in the world, following Albemarle and SQM. (Gelonghui)

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